By Nick Carey, Helena SoderpalmLONDON, March 2 (Reuters) – Volvos entire vehicle line-up will be completely electric by 2030, the Chinese-owned company said on Tuesday, signing up with a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade.” I am absolutely persuaded there will no clients who really wish to stay with a petrol engine,” Volvo Chief Executive Håkan Samuelsson informed press reporters when inquired about future need for electric automobiles. “We are encouraged that an electric cars and truck is more attractive for clients.” The Swedish carmaker said 50% of its international sales ought to be fully-electric vehicles by 2025 and the other half hybrid models.Owned by Hangzhou-based Zhejiang Geely Holding Group, Volvo stated it will launch a brand-new household of electric vehicles in the next few years, all of which will be offered online just. Volvo will unveil its 2nd all-electric design, the C40, later Tuesday.Samuelsson stated Volvo will include wireless upgrades and fixes for its new electrical designs – an approach originated by electrical carmaker Tesla Inc.Carmakers are racing to switch to zero-emission designs as they face CO2 emissions targets in Europe and China, plus looming restrictions in some countries on nonrenewable fuel source vehicles.Last month, Ford Motor Co said its line-up in Europe will be completely electric by 2030, while Tata Motors system Jaguar Land Rover stated its luxury Jaguar brand will be entirely electric by 2025 and the carmaker will launch electric designs of its whole line-up by 2030. And last November, luxury carmaker Bentley, owned by Germanys Volkswagen, said its models will be all electric by 2030. Electrification is costly for carmakers and as electrical vehicles have less moving parts, work in the auto industry is expected to shrink.Last week, the head of Daimler AGs DE> > truck division said going electrical will cost thousands of tasks in the companys powertrain plants in Germany.Volvo said it will invest greatly in online sales channels to “drastically lower” the complexity of its model line-up and offer consumers with transparent pricing.The carmakers worldwide network of 2,400 traditional bricks-and-mortar dealers will remain open up to service lorries and to assist customers make online orders.Via volvocars.com clients will be able to pick from a streamlined variety of pre-configured electric Volvos for quick delivery – but they will still be able to purchase personalized designs. (Reporting By Nick Carey; modifying by Barbara Lewis).

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